Key Developments: Gannett Co Inc (GCI)
21.16USD
24 May 2013
$0.02 (+0.09%)
$21.14
$21.02
$21.23
$20.87
1,702,859
2,620,320
$22.20
$12.17
Latest Key Developments (Source: Significant Developments)
Gannett Co Inc Declares Dividend
Gannett Co Inc announced that Board of Directors also declared a regular quarterly dividend of 20 cents per share, payable on July 1, 2013, to shareholders of record on June 7, 2013. Full Article
Gannett Co Inc Announces Quarterly Dividend
Gannett Co Inc announced that its Board of Directors declared a dividend of $0.20 per share, payable on April 1, 2013 to stockholders of record as of the close of business on March 8, 2013. Full Article
Gannett Co Inc's USA TODAY Travel Media Group Acquires 10Best.com
Gannett Co Inc's USA TODAY Travel Media Group announced that it has completed its acquisition of 10Best.com. Terms of the acquisition were not disclosed. Full Article
Gannett Co Inc Issues Q4 2012 EPS Guidance Above Analysts' Estimates; Issues FY 2012 Revenue Guidance In Line With Analysts' Estimates; Reaffirms FY 2012 EPS Guidance-Conference Call
Gannett Co Inc announced that for the fourth quarter of 2012, it expects EPS to be $0.87 to $0.88. For fiscal 2012, it expects revenues to be $5.3 billion and to meet the consensus earnings per share (EPS) estimates provided of $2.18. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.85 for the fourth quarter of 2012; revenue of $5.3 billion and EPS of $2.27 for fiscal 2012. Full Article
Vringo Inc Says Jury Supports Patent Case Against Gannett Co, Others-Reuters
Reuters reported that Vringo Inc said a jury had asked five companies, including Google Inc to pay about $30 million for infringing its patents. The court-appointed jury upheld the validity of Vringo's patents and asked Google Inc to pay $15.8 million, AOL Inc $7.9 million, IAC/InterActiveCorp-owned IAC Search & Media $6.6 million and Gannett Co Inc $4.3 million, Vringo said. Vringo inherited the lawsuit after it acquired Innovate/Protect (I/P), a company which specializes in monetizing intellectual property, in March. I/P had filed a patent infringement lawsuit against AOL Inc, Google Inc, IAC/InterActiveCorp, Gannett Co Inc and Target Corp. After finding that the patent claims were both valid and infringed by Google Inc, the jury found that reasonable royalty damages should be based on a "running royalty", and that the running royalty rate should be 3.5%, Vringo Inc said. Full Article
Gannett Co Inc's, Tribune Company's and The McClatchy Company's CareerBuilder Acquires Economic Modeling Specialists Intl.
CareerBuilder announced it has acquired Economic Modeling Specialists Intl. (EMSI), an economic software firm that specializes in employment data and labor market analysis. CareerBuilder is owned by Gannett Co Inc, Tribune Company and The McClatchy Company. The terms of the acquisition were not disclosed. Full Article
Gannett Co Inc Acquires Mobestream Media
Gannett Co Inc announced that it has acquired Mobestream Media, maker of the Key Ring consumer rewards mobile platform (Key Ring) available on all smartphones. Terms of the acquisition were not disclosed. Full Article
Gannett Co Inc Acquires Social Media Marketing Solutions Company BLiNQ Media
Gannett Co Inc announced that it has acquired BLiNQ Media LLC, a global innovator of Social Engagement Advertising(SM) solutions for agencies and brands. Since 2008, BLiNQ has managed social media marketing campaigns for more than 600 of the advertisers. Terms of the transaction were not disclosed. Full Article
Gannett Co., Inc. Announces Quarterly Dividend
Gannett Co., Inc. announced that its Board of Directors declared a dividend of $0.20 per share, payable on October 1, 2012 to stockholders of record as of the close of business on September 7, 2012. Full Article
Gannett Co., Inc. Names Victoria Harker As Chief Financial Officer
Gannett Co., Inc. announced that Victoria Harker has been named chief financial officer of the Company. Harker succeeds Paul Saleh, who left the Company in May. Harker will join Gannett on July 23, 2012. Full Article
UPDATE 2-Broadcast boosts Gannett results, print ads still soft
* Newspaper advertising revenue down 4.5 pct to $526.5 mln

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